The U.S. Federal Communications Commission has given its blessing to Verizon Communication's proposed US$130 billion purchase of the stake that Vodafone Group has in Verizon Wireless.
With the U.S. Labor Day holiday marking the unofficial end of summer on the markets, tech stocks got off to a fairly positive start in the new season as several major deals and the mobile phone market came under especially intense scrutiny.
It's difficult to predict how an appeals court will rule after it hears arguments Monday in Verizon Communication's challenge of the U.S. Federal Communications Commission's net neutrality rules.
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